Article Image

IPFS News Link • China

Seven Chinese Charts Of Doom Following Apple's Warning

• https://www.zerohedge.com, by Tyler Durden

And as the Wall Street Journal notes, the current economic slowdown in China is different than previous downturns "because this time Chinese consumers are taking a hit." 

A less-certain economic outlook, the trade fight with the U.S., rising living costs and expectations of slower income growth are weighing on household spending. Meanwhile, slowing sales, rising costs and trade-related uncertainties are squeezing businesses' profit margins, from retailers to manufacturers. -WSJ

To that end, here are seven China charts that should keep investors up at night.

Retail-sales growth cratered to its lowest level in 15 years in November, as Beijing's efforts to slash personal income tax failed to lift spending. 


ContentSafe